Claire Smith conducted an MBL webinar focused on ‘Spotting IP Issues in Commercial Transactions – The Tools You Need’.
This webinar provided the tools needed to help spot key intellectual property issues when entering into common commercial transactions.
Based on the scenario of a contract for the supply of goods and/or services (including those where some development or customisation work is involved), the webinar explored the IP issues that frequently need to be considered in such a relationship – from both a supplier’s and customer’s viewpoint.
The webinar also drew on practical examples from a range of industries and discusses key tips and commonly-encountered pitfalls.
To listen to a full recording, please see the MBL website.
This webinar explores:
- What IP precautions should you take before negotiations start?
- Understanding the various IP rights that are at play in the customer/supplier relationship and their relative significance
- Dealing with new IP that may be created in the course of the relationship, including:
- The importance of dealing with ownership and the rights to use any newly created IP, in advance of the work starting (and the risks of not doing so)
- Common IP pitfalls for suppliers – the dangers of giving away too much
- Key issues for customers: what rights do you need to secure and what could you live without?
- Key issues to tackle in relation to pre-existing IP, including:
- As a customer, what access do you need to the supplier’s pre-existing IP in order to make use of the goods or services?
- What are the main issues for suppliers when considering the grant of such rights?
- Using third party IP in the customer solution: what to watch out for and understanding the risks
- What title, non-infringement and other IP assurances should customers seek, and what might suppliers be willing to give?